Asking Price: $225,000 Gross Revenue: $750,000Cash Flow: $140,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $5,000 not included in asking priceFF&E: $80,000 included in asking priceShare this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
This 75-seat restaurant offers casual dining in the desirable mid-coast Maine area. Chef owned and operated, the restaurant has an excellent reputation and is an integral part of the community.
About the Business
Number of Employees:
4 FT / 12 PT
High visibility downtown location with both street parking and parking lot. The space has a bar area with seating, a separate dining area and private space for special events. The space has an open kitchen.
The business has a long term competitive lease in a strong market with very little available space. An affluent community with several major employers along with a strong tourist season provides year-round customers.
Growth & Expansion:
The business has experienced strong growth and it’s expected that growth will continue.
The information on this listing has been provided by either
the seller or a business broker representing the seller. BizQuest has no interest
or stake in the sale of this business and has not verified any of the information
and assumes no responsibility for its accuracy, veracity, or completeness. See our
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